Meeting Details
- Date: Tuesday, 8th September, 2026
- Time: Commenced at 12:00 P.M. and concluded at 01:00 P.M.
- Location: Registered Office of the Company at BG-223, Sanjay Gandhi Transport Nagar, GT Karnal Road, New Delhi-110042
- Type: Annual General Meeting
Attendees
Directors Present:
- Mr. Shankar Lal Agarwal - Managing Director
- Mr. Gagan Anand - Independent Director (Chairman of Audit Committee, Nomination and Remuneration Committee)
- Ms. Nikhita Agarwal - Independent Director (Chairperson of Stakeholders Relationship Committee)
In Attendance:
- Ms. Kirti Tanwer - Company Secretary & Compliance Officer
By Invitation:
- Ms. Parul Khetrapal - Secretarial Auditor and Scrutinizer (For & On behalf of GA & Associates Company Secretaries LLP)
Members Present:
- Physical: 07 members
- Proxies: NIL
Resolutions Proposed
Ordinary Business:
1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon, along with the cash flow statements.
2. To Appoint a Director in place of Ms. Manushree Agarwal (DIN No. 06620217), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers herself for Reappointment.
Special Business:
3. To consider and approve the Related Party Transaction(s) with Ganganagar Vehicles Private Limited under Section 188 of the Companies Act, 2013, for availing of loan/credit facility and allied transactions, up to ₹200 Crores during FY 2026-27, on the recommendation of the Audit Committee, by way of an Ordinary Resolution.
4. To consider the re-appointment of Mr. Shankar Lal Agarwal (DIN: 01341113) as the Managing Director of the Company, designated as Key Managerial Personnel, for a period of five years with effect from 29th June, 2026 to 28th June, 2031.
5. To consider the re-appointment of Mr. Sourabh Agarwal (DIN: 02168346) as the Whole Time Director of the Company, designated as Key Managerial Personnel, for a period of five years with effect from 29th June, 2026 to 28th June, 2031.
Voting Process
- E-voting: Conducted through NSDL platform from Saturday, 5th September, 2026 (09:00 A.M) to Monday, 7th September, 2026 (05:00 P.M)
- Physical polling: Conducted at the meeting venue for shareholders who could not exercise e-voting
- Scrutinizer: Mrs. Parul Khetrapal, Practicing Company Secretary on behalf of GA & Associates Company Secretaries LLP, was appointed as Independent Scrutinizer for both e-voting and physical poll processes
- Result timeline: Combined results of e-voting and physical poll to be announced within 2 working days from conclusion of the meeting
- Publication: Results will be displayed on company website (https://www.kalyanicommercials.com) and NSE website (https://www.nseindia.com)
Meeting Proceedings
- Mr. Shankar Lal Agarwal was elected as Chairman of the Meeting
- Quorum was ascertained as per Section 103 of the Companies Act, 2013
- The Notice for AGM along with Annual Report for 2025-26 containing Directors Report, Auditors Report, and Audited Financial statements were taken as read
- Observations of Secretarial auditors along with Board's comments were read before Members
- The Chairman delivered a speech including company performance for Financial Year 2025-26
- Members were given opportunity to ask questions and seek clarifications, which were addressed by the Chairman and other directors
- The meeting confirmed requisite quorum was present throughout
Compliance Confirmation
The meeting was conducted in due compliance with the Companies Act, 2013 and other relevant provisions. The proceedings are submitted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.